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State Name: New Jersey
State Name underscore: New_Jersey
State Name dash: New-Jersey
State Name lower underscore: new_jersey
State Name lower dash: new-jersey
State Name lower: new jersey
State Abbreviation: NJ
State Abbreviation Lower: nj

MND NewsWire features plain and simple interpretations of industry related data and events written in a manner that maintains the interest of random readers while still catering to the perspective of a housing market professional.

In a letter to U.S. Senator Chris Dodd, Fed Chairman Ben Bernanke said it is impossible to tell when markets will normalize and that the Fed is constantly reviewing its monetary policy tools to make them more effective.

Responding to a request from Dodd for the Fed to consider student loans at the Term Securities Lending Facility, Bernanke responded that banks could already pledge student loans as collateral.

Bernanke also called on Congress to consider the government's reimbursement rate.

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